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Öffentliche Investitionen und Sozialstaat: Perspektiven der Budgetpolitik im Kontext von Energiekrise, Klimawandel und EU-Budgetregeln

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Öffentliche Investitionen und Sozialstaat Perspektiven der Budgetpolitik im Kontext von Energiekrise, Klimawandel und EU-Budgetregeln This publication is available in German language only. For a brief English summary see further below. Im Kontext der Energiekrise und des Klimawandels ist in den kommenden Jahrzehnten eine erhebliche Ausweitung der öffentlichen Investitionen erforderlich. Für Österreich sind bis zum Jahr 2030 die Erfordernisse für öffentliche Investitionen zur Erreichung der Klima- und Energieziele gemäß dem Klima- und Investitionsplan der Bundesregierung mit €9,5 Milliarden pro Jahr (2,4% der Wirtschaftsleistung des Jahres 2019) im EU-Ländervergleich hoch. Dabei handelt es sich um eine Untergrenze, da die Klimaziele mittlerweile verschärft wurden. Gleichzeitig stellt der Alterungsprozess der Gesellschaft den Sozialstaat bei Gesundheits-, Sozial- und Bildungsaufgaben vor neue Herausforderungen. Doch der Budgetkonsolidierungsdruck wird in den kommenden Jahren wegen der Auswirkungen der Krisen der letzten Jahre auf den Staatshaushalt steigen. Vor diesem Hintergrund diskutiert diese Kurzanalyse drei stilisierte Szenarien für die Budgetpolitik, die jeweils unterschiedliche Implikationen für die Nachhaltigkeit der Staatsfinanzen und für die Erreichung von Zielen in den Bereichen Klima, Energie und Soziales haben. Public Investment and the Welfare State Perspectives on Fiscal Policy in the Context of the Energy Crisis, Climate Change and EU Fiscal Rules In the context of the energy crisis and climate change, a significant expansion of public investment is required in the coming decades. For Austria, the requirements for public investment to achieve the climate and energy targets by 2030 according to the Federal Government's Climate and Investment Plan are high at €9.5 billion per year (2.4% of economic output in 2019). This is a lower limit, as climate targets have since been tightened. At the same time, the aging process of society poses new challenges for the welfare state in terms of health, social and educational spending. But fiscal consolidation pressures will increase in the coming years because of the impact of the crises of recent years on public finances. Against this backdrop, this briefing paper discusses three stylised scenarios for fiscal policy, each with different implications for the sustainability of government finances and for the achievement of climate, energy and social goals.

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  • Philipp Heimberger, 2023. "Öffentliche Investitionen und Sozialstaat: Perspektiven der Budgetpolitik im Kontext von Energiekrise, Klimawandel und EU-Budgetregeln," wiiw Policy Notes 65, The Vienna Institute for International Economic Studies, wiiw.
    • Handle: RePEc:wii:pnotes:pn:65
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    References listed on IDEAS

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    1. Zsolt Darvas & Guntram B. Wolff, 2021. "A green fiscal pact- climate investment in times of budget consolidation," Policy Contributions 44540, Bruegel.
    2. Stavros A. Zenios, 2022. "The risks from climate change to sovereign debt," Climatic Change, Springer, vol. 172(3), pages 1-19, June.
    3. Philipp Heimberger, 2022. "Österreichs Gemeinden im Kontext der Covid-19-Krise: Finanzausgleich bei steigenden Investitionsbedarfen und sinkenden Einnahmen," wiiw Research Reports in German language 20, The Vienna Institute for International Economic Studies, wiiw.
    4. Atanas Pekanov & Margit Schratzenstaller, 2020. "The Role of Fiscal Rules in Relation with the Green Economy," WIFO Studies, WIFO, number 66442, March.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    Investitionen; Österreich; EU; Europa; Klimawandel; Energiekrise; Sozialstaat;
    All these keywords.

    JEL classification:

    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • H63 - Public Economics - - National Budget, Deficit, and Debt - - - Debt; Debt Management; Sovereign Debt
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning

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